The Business Times, 22 October 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (PI No. 192/12/85 WEDNESDAY, OCTOBER 22, 1986 75 CENTS
    12 words
  • 198 1 Exchange ratea THE S$ closed weaker at 2.1755/65 (2.1725/35 previously) against the US$ in the forex market yesterday. It also lost ground against the and M$, but gained against the yen and DM. The OCBC trade-weighted index, calculated against the currencies of Singapore's top 12 trading partners,
    198 words
  • 476 1  -  Its Singapore offices not alone in facing need to trim costs By AMY BALAN THE NEED to slash expenses further has led Bank of America to retrench yet another 100 staff in Singapore. It made a similar size reduction less
    476 words
  • 203 1 UPI BRITAIN will not Join the currency fixing agreement of the European Monetary System before the next election in spite of a plea by West German central bank president Karl Otto Poehl. Mr Poehl met Prime Minister Margaret Thatcher in London on Monday. Before
    UPI  -  203 words
  • 206 1 PHILIPPINE business leaders have expressed concern over the deteriorating relationship between President Corazon Aquino and Defence Minister Juan Ponce Enrile, and a former president has urged them to reconcile "for the sake of our country". Former President Diosdado Macapagal called for "statesmanship and
    206 words
  • 113 1 MORE SHIPS are flying the Singapore flag as European fleet owners, suffering from high crew costs and poor trading conditions, seek out new and lowercost mother-ports. Two oil majors, BP and Shell, have already re-registered their UK-flagged fleets en bloc in order to employ cheaper foreign crew.
    113 words
  • 199 1 Bernama A MANDATORY jail term of up to seven years and a fine of not less than M 550,000 are being proposed in the Malaysian Parliament for contravention of the Securities Industry Act. Currently, offenders face a jail term, which is not
    Bernama  -  199 words
  • 117 1 Bernama THE MALAYSIAN government has decided to dissolve Syarikat Makuwasa Securities Sdn Bhd. Deputy Finance Minister Ng Cheng Kiat told Parliament yesterday that following the dissolution, Makuwasa would not buy or sell shares at the stock exchange. However, the dissolution could only be made after
    Bernama  -  117 words
  • 209 1 SHARP LOSSES suffered by index component stocks as a result of profit-taking caused the Straits Times Industrial Index, the major local market indicator, to pull back below the 900 psychological barrier yesterday. The widely-followed ST Index dropped 15.57 points to 887.99, after staying
    209 words
  • 105 1 Reuter IBM, the world's biggest computer company, is selling off its South African subsidiary, dealing another blow to the country's economy. A statement from International Business Machines said that it was selling the subsidiary, which markets and services computers, to local employees. It followed
    Reuter  -  105 words
  • 558 1  -  By CHAN Ol CHEE THIS SATURDAY'S annual general meeting of the Stock Exchange of Singapore will be a watershed event in the history of its existence. Not only will there be five persons outside the stock broking fraternity elected for the
    558 words
  • Page 1 Advertisements
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      161 words
    • 280 1 ;w SINGAPOREANS HAVE BECOME more fitness-conscious. But for the shops that cater to the demand for sports gear it is strictly a matter of the survival of the fittest. See Page 8 Aquino warnod of bid to oust her, Pago 3 More Malaysian stories on the Back Page SHARE INFORMATION
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    • 173 1 Full report, Pag* 13 Asian stocks, Paga 10 Intl stocks, Paga 11 You make the choice. We make the arrangements. Buying a home is now easier. Just choose the home you want: a bungalow, a terrace house, an apartment or a condominium unit. Then call at Credit POSB in the
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  • HOME NEWS
    • 382 2  -  Aid in setting up overseas marketing offices By BOEY KIT YIN FIVE LOCAL electronics companies received government grants of more than $1 million this year to set up overseas marketing offices. They are National Kap Pte Ltd, which makes capacitors; Carlee Electronics, which makes
      382 words
    • 303 2 EVEN WITH good products, aggressive marketing is vital if Singapore manufacturers are to stay ahead of the competition. The Acting Minister for Trade and Industry, speaking at yesterday's opening of Enex Asia 86, said smaller companies should think about pooling their resources and expertise to establish joint
      303 words
    • 242 2 OIL MAJOR Mobil has pumped 15 million into the largest service station with the most comprehensive car maintenance services in Singapore. The new bunker, Vehito Motor, opened last Saturday. It is the 41st in Mobil's island-wide chain. With built-up area of about 1,000 square
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    • 267 2 SINGAPORE'S effort to liberalise its 1969 air services agreement (ASA) with Russia has met with partial success. A second round of talks held between Oct 15 and 17 in Moscow ended with Singapore being given traffic rights between Bombay and Moscow when
      267 words
    • 66 2 ACTING Trade and Industry Minister Lee Hsien Loong will be asked to appraise Singapore's economic performance when Parliament meets on Monday. Mr S Vasoo (Bo Wen) wants the minister to assess the likely impact of the slowdown in Asean on Singapore. He will also ask
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    • 476 2  -  By MONICA GWEE BUSINESS IS A RACE and the prizes go to the swift. "The more lightly you travel, the less weighed down with regulations and bureaucracy, the more certain you are to win," says Michael Ball, the chairman and chief executive officer
      476 words
    • 229 2 SINGAPORE exported some |6.9 billion worth of electronics products and components in the first seven months this year a 13 per cent increase from the same period last year. This export growth was a good reflection of the industry's continuous drive to
      229 words
    • 374 2  -  By LEE HAN SHIH THE Economic Development Board's tactics to attract foreign companies to Singapore have been adopted by Wang Computers, which is offering incentives for foreign software firms to set up office in Singapore. It has already persuaded TA Consultants of Hongkong
      374 words
    • 60 2 IN THE STORY headlined "Ministry stands firm on TIME ruling" which appeared on Oct 17, the Singapore Manufacturers' Association was quoted as saying: "We won't comment on an issue." The SMA statement should have read: "We would not like to comment on an issue which is not
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    • 91 2 STEPPED UP checks by various government departments showed that there is still a large number of vehicles carrying dangerous goods which infringe licensing rules. One example was a leaking level gauge on a liquefied petroleum gas tanker. Following a major acid-spill at the Johore Causeway in June,
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  • Page 2 Advertisements
    • 75 2 The Szechuan Experience with the Meisan Difference Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art of true enjoyment, g (gi MfIISAIM At the Meisan. 181 ffS\ SZECHUAN RESTAURANT Distinctively Szechuan. Instinctively Meisan Royal Stuv Singapore 25 Scotts Road,
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    • 265 2 1 Succeed in the International Market!!! There Is No Alternative But To Enter The International Global Market If Your Businesses Are To Grow Thrive OR MANAGEMENT PTE LTD PRESENTS SONDRA SNOWDON TODAY'S MOST OUTSTANDING AUTHORITY ON INTERNATIONAL BUSINESS DIPLOMACY AND ITS IMPACT ON GLOBAL BUSINESS ACTIVITY ON rVD fdge THt
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  • ASIA-PACIFIC
    • 294 3 Reuter JAPANESE Finance Minister Kiichi Miyazawa has said that the government will issue extra construction bonds this fiscal year ending next March 31 to help boost the economy, but added he does not think this will be enough to offset growing
      Reuter  -  294 words
    • 294 3 Reuter SOUTH KOREAN opposition leader Lee Min-Woo has urged President Chun Doo Hwan to meet him (or talks to resolve a crisis over the arrest of an opposition member of parliament, and threatened demonstrations if the President did not agree. Lee, President of the main
      Reuter  -  294 words
    • 160 3 AP CARDINAL Stephen Kim has urged South Korea's top politicians to set aside their personal political ambitions and to help fashion a smooth transition to "genuine" democracy. "I believe this sort of personal sacrifice by the political leaders is the only way to
      AP  -  160 words
    • 280 3 THE SMILES and speeches with which Afghan leaders have been feting the partial pullout of Soviet troops in Kabul the past five days mask serious political divisions and undercurrents of anti-Sovietism, analysts say. This week's appearance on the saluting platform at ceremonies marking the troop withdrawal,
      280 words
    • 456 3 Philippine President meets her controversial defence minister AP PHILIPPINE President Corazon Aquino met her controversial Defence Minister on Monday, and an opposition politician warned that "farces" were out to topple her government by mid-December. Presidential spokesman Teodoro Benigno said Mrs Aquino talked briefly
      AP  -  456 words
  • Page 3 Advertisements
    • 93 3 DELICIOUSLY INDONESIAN •V. X >< ,n > 7W* «V :v -r Superb Lunch Dinner Selections! Cometo Jayakarta Indonesian Restaurantjor Food that's Deticiously Indonesian! Assam Fishhead. Beef Rendang. Opor Ayam, Sayoh and mmm... tender and juicy Sate... You can choose from a Menu of more than 42 items of the finest
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    • 237 3 > r if s ft ai i. 1 ft m V >' m f. -V <*» iV ft w s. HT; «BK) K i i i# •■'V* it > ff. Ming Dynasty globe showing earth's meridians. GLOBAL ADVANTAGES. Doing business with Bank of America opens up a whole new world.
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  • REST OF THE WORLD
    • 431 4 Influential report forecasts robust expansion Reuter THE WEST GERMAN economy will expand strongly again next year, taking the current period of sustained economic growth into its fifth year, according to an influential report published on Monday. West Germany's five leading research institutes said in
      Reuter  -  431 words
    • 259 4 UPI TWELVE Western European nations have agreed on a sevenpoint plan to crack down on the drug menace in Europe and to work towards more open borders for law-abiding travellers. The agreement came on Monday at the end of a one-day
      UPI  -  259 words
    • 90 4 AFP UNEMPLOYMENT in Britain is likely to remain well over three million until the end of the decade, according to a report submitted by the government to the European Community. The report, whose contents were revealed on Monday by a Labour opposition MP, projects
      AFP  -  90 words
    • 230 4 Reuter SOVIET economic achievement is not as rosy as may be presumed from recently-published figures for the first nine months of this year, according to the government newspaper Izvestia on Monday. In a commentary on Central Statistics Board data released last week, which
      Reuter  -  230 words
    • 222 4 Reuter US TRADE in sophisticated technology, once the brightest spot in its trade picture, is fast slipping into a deficit, according to a study released on Monday by the congressional Joint economic committee. The report, prepared by a private high-technol-ogy consulting firm, blamed the
      Reuter  -  222 words
    • 117 4 UPI BUSINESS leaders in the US have apparently lost confidence in both the economy at large and their own industries. The quarterly survey by the Conference Board, released on Sunday, covered about 1,000 heads of 24 major industries. The survey's measure of business confidence, which
      UPI  -  117 words
    • 151 4 Reuter LATIN AMERICAN oil exporting nations have reacted strongly against the new US oil import tax, saying it indicated worsening US protectionism and discrimination that could increase their debt problems. The tax, 11.7 US cents per barrel, is not especially heavy but government and oil industry
      Reuter  -  151 words
    • 202 4 UPI THE SOCIETY representing most of Britain's doctors is preparing to make a study on who should be given medical care and who should be left to die after a nuclear war. "To duck the issue is
      UPI  -  202 words
    • 104 4 Reuter TOKYO is the world's most expensive city for expatriate executives, a survey by the independent business research group Business International shows. The same package of goods is five times dearer in Tokyo than in Caracas, and Dublin is more expensive than New York,
      Reuter  -  104 words
    • 783 4 ARRIVALS Operator Smm number Locol timo From SIA UA SIA RBA MAS SIA KAL MAS MAS SIA CPA RBA GIA SIA UB SIA SIA THAI SAS CAL MAS GIA SIA SQ117 UA805 SQ41 BM27 MH68I SQ47 KE624 MH81I MH671 SQI03 CX710 BM2I GA960 SO 105 UB231 SO
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  • Page 4 Advertisements
    • 301 4 Termiteproof Subterranean Termites or "White Ants" are a threat to your property. Termites exist in huge colonies in the soil, move about at random in search of food supply (cellulose in wood), and wreak destruction to many homes. An inspection and control contract helps to keep vigilance and minimise damages
      301 words
    • 254 4 I \j\ II \M I The business person's choice, every I I II \I I Iff II I Tuesday. Thursday, Saturday and I 1 f I I ft ff I \l Sunday. Leaving Changi Airport at J 22:00 hours and arriving at Heathrow at 06:50 hours the following morning. Call
      254 words
  • Page 4 Miscellaneous
    • 79 4 Doonesbury m try id understand. you HADN'T COMPLETED A SENTENCE. IN FOUR. MONTHS. I PIPIT OUT OF DESPERATION' i M vdi lrf< m m m M K 2 5 im BY GARRY TRUDEAU I MISSED you, SIR. IMI9SEP THS GRACEFUL, SPIRITED MAN WHO FIRST WALKED INTO MY UFE TEN YEARS
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  • Page 5 Advertisements
    • 197 5 passing through london deciding to stay indulging her whim she carries the CHASE PREMIER VISA ■I i V 1 ill s ?'l #l ::~MMI i *i-k M I r'+ **r. !»58 t«iij It i i -;Vu II II A '-4 V t *V v <5/*, V%% t V I '-V
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  • BANKING AND FINANCE
    • 285 6 LORD BARBER, the chairman of the Standard Chartered Bank Group who barely three months ago staved off a takeover bid from Lloyds Bank with the help of local financier and hotel kingpin Tan Sri Khoo Teck Puat, will be retiring next May.
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    • 208 6  -  By ALVIN TAY BANK OF TOKYO replaced Fuji Bank last year as the largest commercial bank in Singapore in terms of total assets, according to an annual survey by Peat Marwick Management Consultants. Total assets of the Bank of Tokyo rose
      208 words
    • 246 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Asian dollar CD rates ended steady at the morning's slightly firmer levels in quiet trading. One, three and six months closed at a Oat 6.10/6.00 per cent. latorto ■k iepwW trtw us$ OH* Bid
      246 words
    • 104 6 MALAYSIA'S state-owned corporation Perbadanan Nasional Berhad (Pernas) yesterday signed its 11 billion yen ($154 million) loan facility with 10 Japanese banks. Proceeds from the mul-ti-currency facility, to be denominated in yen, US dollar, Swiss franc or Deutschemark, will be used to part-finance the purchase of a
      104 words
    • 823 6 SINGAPORE: The US dollar firmed against most major currencies In thin late trading yesterday, supported by some European short covering ahead of the US third-quarter preliminary GNP data expected today. It was little changed from New York's level at the outset as Asian operators did not react much
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    • 236 6 Interbank rates at 3pm yesterday: BW ONor cfooo partly change Local dollar* to on# unit of tovMpl US dolor 2 1755 2 1765 2 8196 -22 84 Storing pound 3.1196 3 1232 7 3469 -57 54 Austrahan dolor 1 3857 1 3886 3 4286 -59 58 NZ dolor
      236 words
    • 742 6 HONGKONG: Gold closed slightly lower yesterday on sporadic book-aquaxing sales by local investors ahead of a holiday today. Gold settled at U*****.30/80 an ounce against an initial U*****.70/U*****.20 and New York's U*****.00/50. On the local market, gold ended HK$4B higher at HK53,935 a tael. The Krugerrand rose HKJSS
      742 words
    • 256 6 DECEMBER US Trea-sury-bond gapped lower yesterday at 93.21 during Slmex opening after the weak close In the Chicago Board of Trade on coocern over the upcoming US Treasury refunding, higher oil prices and nervousness over US economic data. Prices, however, edged higher on short covering from recent losses ahead
      256 words
    • Article, Illustration
      82 6 THE OVERNIGHT rate on the Singapore interbank market closed 1/8 point higher at 1 3/8 yesterday. The one-month rate shed 1/16 point. Twoand three-months were unchanged at 2 7/8 and 2 15/16 respectively. Mcates the ivtraft of the prim toning rates of 12 major banks operating in Singapore
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  • Page 6 Advertisements
    • 198 6 The Philips Observation System helps you catch thieves in the act. The new Philips Observation Systemavailable new at the dealers listed below. The system consists of the following. A black and white 12 TV monitor, a camera with a 16mm lens, a built-in microphone, a wall bracket for easy mounting,
      198 words
    • 153 6 THE FIRST ASEAN TRAINING EDUCATION CONFERENCE In conjunction with The First Asean Training Education Exhibition this two-day Conference will provide participants with a platform to exchange views with speakers from Asean. Australia. Europe. U.K and U.S.A. on issues having an impact on training and education Company manpower training manager, educationists
      153 words

  • TRAINING & DEVELOPMENT
    • 521 7 fUminars anH (fy 15-17 January 1987, World T rade Centre, W Wl I vjl Courses DJCTMMBNrt I NxrnuL snammr asa s7 ln,wn *s^^±^ ne,e9, Singapore. > DURATION TITLE VENUE ORGANISER TELEPHONE Nov 3 The Impact of Westin Stamford International *****56 Information Technology Association of on Business Students in
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    • 485 7  -  Participation by companies at highest level By ANNA TEO THE ALL-OUT EFFORT launched in May by the Vocational and Industrial Training Board to promote its Best (Basic Education for Skills Training) programme appears to have paid off. July's Best intake saw the highest ever number
      485 words
    • 301 7 FLORISTS, opticians, provision shopkeepers and other small retailers will get their own management course next month. Management of small retail enterprises is one of two new courses available at the Singapore Retail Merchants Association training centre soon. Both will enjoy 70 per
      301 words
  • Page 7 Advertisements
    • 200 7 .-Complete J Circuit I 1 ENEX-ASIAS6® f L2l 25 October World Trade Centre Singapore J 10am 6pm (Trade and Professionals only) This year, Asia's premier electrical/electronics show moves up yet another notch, offering you greater specialisation within a highly-specialised event. As a result, ENEX-ASIA '86 will feature: Electric-Asia-J 6th International
      200 words
    • 310 7 It always costs a little more TO CULTIVATE A CERTAIN STYLE. !<! I j 11 '♦I IiJJIiIIM "Mil 11 1 in?? LKgii i 1 1!| 111 W!"ni !'<■ and dedication. Day and night-rime temperatures, nourishing barks and acidity of rainwater, are precisely measured to yield a treasured prize: the brilliant
      310 words

  • FEATURES
    • 535 8 AS ANY of the sailors fighting it out off the west coast of Australia will affirm, victory often goes to the craft which tacks on a shift in the wind. A similar lesson has been learnt by some of the banks in Singapore. By changing their course
      535 words
    • 2053 8  -  Keeping fit is proving to be a real effort for the sports equipment industry. The sprouting of sports shops in recent years has crowded the field and, coupled with the general recession and currency changes, this has brought business to a slow crawl.
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  • Page 8 Advertisements
    • 654 8 The Sumitomo Trust Banking Co., Ltd. Non-Consolidated Balance Sheet As at March, 1986 and 1985 Millions of Yen Statement of Trust Account As at March, 1986 and 1985 ASMtS Cash and Due from Banks Call Loans (Note 3) Trading Account Securities (Note 4) Securities (Note 5) Loans and BiHs Discounted
      654 words
    • 101 8 candlelight dinner to relive the warm and shared feeling. A moment made rich with the happiness of love. And the full works of wine, roses, cake on the wagon and a reminiscent shot taken of the golden night. r Amidst serenading minstrels "Los Viajeros", the "Liso Singers" and unobtrusive service
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  • Page 8 Miscellaneous
    • 640 8 CRYPTIC PUZZLE ACROSS 1 The befcgerent bft (5) 6 With which to start a fire by accident? (5) 9 Are such arts for montal use? (7) 10 Extra good Americon (5) 11 Beastly female out to say no? (5) 12 A gritty Scot (5) ones be getfrtg stale? (S) 18
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  • SPORTS
    • 313 9 Reuter PERTH MAGNATE Kevin Parry's bid to keep the America's Cup in Australia stayed on target yesterday as his two yachts raced each other and finished just two seconds apart. The department store tycoon's Kookaburra II and 111 squared
      Reuter  -  313 words
    • 332 9 AFP ANOTHER DIMENSION was added to the ever-changing big money world of snooker on Monday. Barry Hearn announced the game's second mini league in four days, after rival manager Howard Kruger had given notice of a league for his four players
      AFP  -  332 words
    • 214 9 Reuter WORLD CHAMPION Mike McCallum said yesterday that he would take French challenger "Freddy" Skouma as seriously as Marvin Hagler when he defends his World Boxing Association (WBA) junior-middle-weight title in Paris on Saturday. The US-based Jamaican, winner of all his 28 fights,
      Reuter  -  214 words
    • 681 9 UPI THE BOSTON RED SOX, underdogs who have become bulldogs, worked out In cozy Fenway park on Monday while the shocked New York Mets took the day off to recover from a sweep of the first two games of the World Series. Four days
      UPI  -  681 words
    • 204 9 AFP JIMMY "WHIRLWIND" WHITE blew hot and cold on his way to the last-sixteen of the Rothmans Grand Prix in Reading on Monday night, beating Northern Ireland's Jack McLaughlin 5-2. McLaughlin, ranked 66 places behind White at 71st in the world, took the opening frame 69-10, but
      AFP  -  204 words
    • 177 9 AP THREE-TIME Wimbledon champion John McEnroe will compete in the U*****,000 Paris Tennis Open starting on Oct 27. McEnroe has accepted a wild-card invitation after not having been initially in the main draw. The former No 1 player in the world has won
      AP  -  177 words
    • 529 9  -  Carisbefg SINGAPORE WOMEN'S OPEN TENNIS By WALTON MORAIS THE CLASS OF '70 would have been smiling yesterday when Sharon Walsh-Pete passed an unlikely test in the Singapore Women's Open tennis championships. The 34-year-old tour veteran created the second upset of the tournament when
      Photos by ALBERT SIM  -  529 words
    • 87 9 FIRST ROUND: A Villogran bt J Richardson 6-1, 6-2 B Gerken bt A Dingwall 6-0, 6-2 M Lundqvist bt L Antonoplis 6-4, 6-7, 6-2 S Walsh-Pete bt V Nelson-Dunbar 4-6, 6-3, 6-1 L O'Neill bt L Bernstein 6-2, 6-4 M Bollegraf bt W Probst 7-6, 6-0 H Kelesi
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    • 60 9 3.00 PM CENTRE COURT: Patricio Hy v Sharon Walsh-Pete R Bryant-M Jaggard v L Antonoplis-B Gerken COURT 2: A Sanchez v M Bollegraf L Field-M Paz v A Dingwall-J Kaplan COURT 3: L O'Neill v G Fernandez S Leo-P Whytcross v Qualifiers 7.30 PM CENTRE COURT: N Provis
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  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 1235 9 to (md mm BLOOD AND ORCHIDS IJOpm, Channel 5 Hawaiian lawyer Tom Halehone battles the fight of his life in defending the four youths accused of raping Hester Murdoch. Meanwhile, police captain Curt Maddox (Kris Kristofferson, left) continues his own investigations as the boys go on trial. An unexpected event
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    • 33 9 an GPvfty— IT'S FNSOOT\| STp,RT LO£.LUP\T TWeTMfRD STpOKe AI v/ 66 T£N P| F T 6£M Thfyt yoD.comßPiDt'Ji -(oor place at/^ Tu>eNT Y seconds.. imiNE. THRT SUifS t JHPyT DO sm v» IZ4Oa
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  • INTERNATIONAL STOCKS
    • 319 10 Reuter CITICORP'S 9 per cent rise in third quarter earnings to US$24? million from US$227 million a year earlier has evoked a mixed initial response from h* wiring analysts. While America's largest bank group showed strong profit increases in both its traditional and investment
      Reuter  -  319 words
    • 147 10 Reuter REUTERS HOLDINGS PLC has signed an agreement to acquire Network Utilities Inc, a private company based in Chicago, for US|7 million in cash. Network Utilities, founded in 1982, provides real-time analytics for securities and options traders enabling them to pinpoint and evaluate
      Reuter  -  147 words
    • 298 10 Reuter PRICES closed lower in light trading on the New York Stock Exchange on Monday. The Dow Jones Industrial Average fell 26.02 to 1,811.02. The New York Stock Exchange Composite Index fell 1.46 to 136.02. The price of an average share fell 39 cts.
      Reuter  -  298 words
    • 153 10 OCT 20 a Abitibi 241* Alton Alum 44 Aigomo SH 14* unch Bank Nova Scotw 16* unch Bank Of Montreal 34* Btl Canada 36* Bp Rmourcas 33* unch 27* unch Compbl LA* 28* Canodran Imp Bank 19* Canpoc 15* unch 13* Cn Bmrt O A 24* Comnco 13* Dom
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    • 220 10 OCT 30 INDUSTRIALS A Alpha 1100 -10 260 unch Amci 1450 unch 460 ANSETT.. ***** 1950 -100 C G Smith 3050 CNA 280 5 Cum* Finance 485 -5 Fid Vofc 165 -10 Fug* htvstd 6708 unch 600 5 Ub Hokh 2900 50 Lonrho ***** LTA 190 inch M And
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    • 568 10 oct ao US* AJcan Ak*rwi 31* Alcoa AJ*g M 35* 19* AJkd Sig 40* -H AM Storm 66* 3 45* Am Can Co Am Cyanamd 85* 76* •1* 27* Am Expross 57* 76* Am Motan Cp 3* 13* unch 25* Amoco Co>p 65* 50* 6* 14* AM IbcMiatd
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    • 856 10 Amsterdam oct ao fk asn 533 00 -3 Aagon 91 10 -09 Ahotd 99 70 -OA Akffl 144 SO -17 Akanto 151 70 -0 1 AMCV 70 30 -0.5 Amo Bark 91.00 -1 AM Stad 126 70 4-3.2 fWkaJ 38 40 -0 6 Bote 165 00 1.2 Bonumq
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  • Page 10 Advertisements
    • 518 10 ii Wtar® to winSf Mm md eaiertalsi 1 dv ki'c 4 'A ss 2 A traditional German carnival of feasting, beer-drinking, dancing and yodelling October 22 25,1986* 7.30 pm nightly Garden Ballroom (2nd Floor) Royal Holiday Inn Singapore At $36.00* per person for the show and all you can eat.
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    • 126 10 on Pin 18 y May we introduce you to a most mouth wateringiy marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good youH be tempted to try the rest of our 230 Sichuan dishes. Now that's a sobering thought Come for lunch or
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  • ASIA-PACIFIC
    • 379 11 HONGKONG: Share prices yesterday closed higher on late bargainhunting after a day of see-saw trading. The Hang Seng Index rose 10.53 to and the Hong Kong Index was up 7.82 at 1,411.03. Overseas and local funds poured into the market in the afternoon session, brokers said. Turnover was HK5575.59
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    • 277 11 OCT 21 KT AJ Smear* Asto Camant Cothoy Com Chang Hwo Bank Chang Loong CNo hkn Camant Chn Hwn Rot* Chaw Cham Chino Da* Oww Eiact Wira Chino Pto* Chaw Rabor Chino Staai Chung Hwo Pufc Chung Shing Tax For Eo»I Dapt Far Cat* Tax Fnt Bonk Formosa Charmcai
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    • 417 11 TOKYO: Prices yesterday plunged from the opening with the market average falling more than 500 points at one point, but losses were trimmed in late trading. The index closed 317.60 down at 16,205.77, but slipped to 15,969.15 in mid-afternoon. Volume was an extremely thin 350 million against 260 million
      417 words
    • 96 11 OCT 21 Naa* Acot* Mining Angio Phi Ap«x Miring B Arto» Con. B 0.026 +***** 23 50 -2.5 Boguo Gotd Bovc Patrotaum B«ngu«t Con. B 0.006 -0.001 0 0085 -0 0005 100 -1 fint PW KM®* L«pon»o B Morcoppar 820 -08 0 1350 -0 005 0 14 -102 Montxl
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    • 493 11 BYDNEY: A stronger gold sector and selective buying among quality industrials yesterday pushed the Australian share markets back into record breaking territory. Trading opened cautiously firm following an almost US$5.OO rise in bullion overnight. Demand improved in late trading as a flurry of buying orders propelled most gold-related stocks
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    • 63 11 OCT 21 W«a Choi Sugar 1830 -10 Doatm knd 560 -4 Doawoo Corp 1006 -II Doawoo Haovy 1260 -5 Oaatwi Sacuntia* 2550 20 Dong Ah Phar 795 -5 Dong Suh Stock 1359 -19 Doogbu Staal GoMStar 1517 1613 23 -2 Hani Bank 870 -15 c i nt 1200 uncti
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    • 172 11 Reuter BANGKOK: The Stock Exchange of Thailand Index slipped 0.55 to 177.23 on a turnover totalling 63,156 shares valued at 14.4 million baht. OCT 21 MM Ao Khom Thai Alio Fibre Ayudhyo lnv«trm«nt Bangkok Agro-kid D rd aL D „J DOOgKOIl DOT* Bank Of Ayudhyo Charoong Thai Wire 123
      Reuter  -  172 words
    • 54 11 Reuter HUTCHISON Whampoa has bought 28 million Hongkong Electric Holdings shares for HKJIO each from Cheung Kong (Holdings). This will allow Hutchison to maintain its 23 per cent stake in HK Electric, after HK Electric issued 103 million new shares for the purchase of HK Hilton
      Reuter  -  54 words
    • 184 11 FT LI KASHING, one of Hongkong's wealthiest and most widely known businessmen, has failed in his High Court bid to quash a special tribunal's censure of him for culpable insider dealing. Mr Li, along with four other executives in Cheung Kong, the
      FT  -  184 words
    • 162 11 Reuter A HOTEL Joint venture between Swire Pacific Ltd and Conrad International Investment Corp is raising a HKSS4O million 12-year loan to finance the project, lead manager Standard Chartered Asia Ltd said. The loan carries interest at one percentage point over Hongkong interbank offered
      Reuter  -  162 words
    • 126 11 AP HYUNDAI Construction and Engineering Corp and several other South Korean companies are trying to bid for Japan's multi-billion-dollar Kansai airport project. Officials at the construction ministry in Seoul said yesterday that it was their understanding that the foreign ministry had requested Japan
      AP  -  126 words
  • Page 11 Advertisements
    • 636 11 I it to wim, aiiw ad fc 0 (,r, .1 A A ir 1 MES- J Your evening begins... ...at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm. Happy Hours from 5 to 8 pm daily. Enjoy
      636 words
    • 136 11 INAIPAWCE RESTAURANTI W L_J L-J LJ ILD L_J I L_J Fresh Hairy Crabs Air-flown direct from Shanghai I^l t. Super-large (250g above) $20 Large (200g above) $15 Medium (170g& above) $UF $11 For reservations call *****78 $12.50 Children below 12 years old S3 00* I wm 1 vt M i
      136 words

  • RAW MATERIALS
    • 367 12 Agreement likely before October 1987 Reuter RUBBER PRODUCERS and traders in Asia still think it will be possible to reach another rubber agreement before the present one expires in October next year. The agreement between producers and consumers aims to stabilise the natural rubber
      Reuter  -  367 words
    • 203 12 Reuter INDONESIA will surpass Malaysia as the world's largest rubber producer by 1995, and Thailand will stay in third place, two Malaysian researchers said. Indonesia's projected output for 1996, based on current planted area of 2.7 million hectares, is 1.56 million tonnes, and Malaysia's is
      Reuter  -  203 words
    • 215 12 MALAYSIAN crude palm oil prices yesterday extended their rises at the close on continued strong covering and speculative buying interest in active trading. Dealers said the firmness was in line with the limit-up close in palm oil futures, and followed higher Chicago soyoil futures and a firmer Rotterdam
      215 words
    • 141 12 SINGAPORE The market closed slightly higher yesterday, with November One RSS buyers quoted at 188.50 cents per kilo, up 1.50 cents from Monday. MALAYSIA The market continued generally inactive but prices closed slightly steadier on some light interest. Nov Int Ones RSS buyer gained a cent from Monday to
      141 words
    • 88 12 OIL PRODUCTS FEW OIL was weak. All other products were stable. Trade in the Far East petroleum products market was still quiet, awaiting the outcome of the Opec meeting. Closing prices for crude (fob origin) Dubai (Dec) WTI, West Texas Intermediate, (Dec) US$/borreJ Change 13 95 +0.10 15.13 unch Closing
      88 words
    • 74 12 THE PKICE OF TIN ea tke lull Lampar Tla Market tinned St cento yesterday to M|l4 M per Idle la Uae wttk a firmer Earepeaa «pet market. Tke streagtkealag ef sterttag agalaet tke rtaggtt a« streag skert eevertag frem Earepeaa traders, while leeal Interest wai eeaflaed to •mall
      74 words
    • 394 12 RAS prices in S cents/kg, FOB in b. ■les NOON CLOSE lujiin S||m Buyers SeMers krrt 1 RSS Prompt 188 50 189 50N 188 50 189 SON (nt 1 RSS Nov 86 188 25 188 75 188 50 189 00 Int 1 RSS Dec 86 189 00
      394 words
    • 104 12 (canto/kg, 1-twi """"nov* DEC 86 (currant month) (forward month) NOON NOON RAS hyn Siim Bwy«rs S«N«r* SSR 20 171.00 173.00N 172 00 174 00N SSR 50 168 00 I70 00N 169 00 171 00N MRELB Siim B«iy«n SiHtn SMR CV 286 00 288 00N 287 00 289
      104 words
    • 55 12 Bangkok (USS/tonnc, FOB) White Rice 100% 1st closs 255 100% 2nd ckns 220 100% 3rd ckns 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rice A-l Super A-l C-1 Sp*ciO< C-1 Ord Loonzoin Rice 100% 1st grade 100% 2nd grod* 100% 3rd grode
      55 words
    • 176 12 WHEAT FUTURES In Chicago closed near the highs on Monday, up 6-1/2 US cents to one cent per bushel in light trade. December settled at USJ2.B3-1/4 after posting a six-cent range on the day. Unexpected strength in soybeans and tight available supplies of cash soft red winter wheat supported
      176 words
    • 137 12 SOYBEAN FUTURES in Chicago ended near the highs on Monday with gains of 6-1/2 to 4-1/4 US cents a bushel. November settled at US$4.BO-l/2 after posting a nine-cent range. Smaller-tban-expected producer marketings of soybeans prompted locals, professionals and commission houses to cover shorts placed last week in anticipation of
      137 words
    • 708 12 COFFEE Robusta futures on Monday closed between £75 and £65 below last Friday in thin, nervous trading. Prices continued to fall on thin selling throughout the day as operators, made nervous by the see-sawing prices of the last few weeks, were reluctant to enter the market. Physical coffee
      708 words
    • 147 12 Chinese Produce Exchange Sellers' noon doling prices on Oct 21 (SJ/100 kg) Coconut oil Bufc FOB 40 00 Old drum FOB 53 00 Now drum FOB 57.00 Copro Mixed (loose) 19 buyers Pepper Muntok White FOB NLW Sarawak White FOB foq NLW Sarawak special block FOB NLW Sarawak
      147 words
  • Page 12 Advertisements
    • 768 12 AMERICAN EXPRESS BANK (a owned lubuajr? of American Eiprtu Company) Speaafcts i Intemjoontl Fwancal Services IncamationaJ I iMrtqunf rc American Express PUza New York. NY ***** Singapore Branch: Shmg Kwan House Shentor Way Tckphont 220-2311 Wex R*****2 Cable Ad*«s AMEX BANK SINGAPORE REPORT OF CERTIFIED PUBLIC ACCOUNTANTS Th« Board of
      768 words
    • 581 12 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP. 185 AND IN THE MATTER OF NAGATA PTE LTD (In Members' Voluntary Liquidation) At an extreordinary general maating of the members of the company ha Id at 460 Alexandra Road. PSA Building, 25-04, Singapore 0511, on 17 October 1986, the following
      581 words

  • SHARE INFORMATION
    • 4226 13 IN THE ABSENCE of fresh factors, the Singapore stock market put up a lacklustre performance yesterday. Some investors preferred to wait on the sidelines while others continued to take profits. At the close, most share prices fell in low volume. The BT
      4,226 words
    • 243 13 SINGAPORE RiM« in 193 8 *T Ci ■»>■>» Maud 4 Pot 298 6 "Irtiitu M«tro HUp 510 +5 8T08/0S W fW 255 5 BTCAM KmoIo Wot 160 +5 «T08V 155 +5 STI.4M.ii.te Smfi Urn 304 4 STFnaaca Cor 50« 83 +3 ST Mining Falls st Hi iitnw
      243 words
    • 4840 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (I 556 I 565) (17) 1 57 (2) 1 58 (51) I 56 (5) I 56 (41) 1 55 Alcom (0.506) Amol Steel 50« (I 248 1 265) (62) 1 35 (31) 1 36 (23) 1 34 (13) 1.31 (22)
      4,840 words

  • COMPANY NEWS
    • 386 14 PROFTT-TAKING, though not unexpected, surfaced yesterday to check the four-day firm trading on the Kuala Lumpur stock market. Prices were marked lower across the board but losses were mostly marginal. Gains chalked up after four days of unabated buying proved too tempting and speculators decided
      386 words
    • 2933 14 MDUS TRIALS Aemm Aiinomoto (3065) Ako»n (618 625) (10) 62 (17) 61 ASS (658) (1) 68 (10) 67 API (656 68S) (4) 74 (15) 75 (8) 73 (36) 72 (3) 71 C 2) 70 (I) 69 (I) 68 ASM (1496 150S) (12) 160 (14) 161
      2,933 words
    • 598 14  -  By NAJEEB JARHOM MALAYSIA MINING Corporation Bhd has released a set of depressing half-year results due to the continuing problems besetting its main business tin mining. For the six months ended July 31, 1986, MMC incurred group pretax losses of M 54.14 million as
      598 words
    • 454 14 MBT TAIPING Consolidated is planning to develop its estate land in Pajam, Negri Sembilan, into one of the biggest industrial estates in Malaysia. The MJ2SO million project will be a complete mini township by itself since it will also include homes, shops, schools and social
      MBT  -  454 words
    • 114 14 HONGKONG Hongkong Index •Tuesday 1411.03 (Friday 1403 21 \W«k ogo 1417.08 Hong Seng Index •Tuesday 2238 29 i Friday 2227 76 'Week ogo 2249 22 J All Industriols Tuesday 2133.9 Monday 2119.9 Week ago 2086 1 NEW YORK Dow Jones Monday 1811.02 Friday 1837 04 Week ogo 1798
      114 words
    • 257 14 Monoort' pricM for Oct 22 -i MARA-Bumiputra Fnt B'putro S*cond B'putro 5 18 5.23 4 71 4 76 Singapore Unit Trust Th* Commute* 0.91 0.98 Th* Sovingt Fund 0.84 0.90 Third B'putro Fourth B'putro Fifth B'putro Sixth 6 putro 3 65 3 70 4.15 4.20 2.70 2 75
      257 words
    • 517 15 mm«« By HOCK LOCK SIEW THE HAZE that surrounded the hmch of the lifeboat fund for Singapore stockbrokers as the post-Pan-Electric Industries crisis deepened has gtoaftiiy developed into a thick fog. When stockbrokers signed the agreement for the possible $180 million credit facility on
      By HOCK LOCK SIEW  -  517 words
    • 470 15  -  By NAJEEB JARHOM PAHANG INVESTMENTS PLC is not taking Dah Yung's threatened share disclosure without riposte. Going on the offensive this time, Pahang said if Dah Yung still proceeded with the intended announcement that the former no longer holds a 5.74 per cent stake in
      470 words
    • 666 15 SHARES opened quietly lower yesterday, marked down after the large fall on Wall Street overnight Dealers said, however, that with sterling looking firmer and government bonds advancing, the market could be set to < move ahead later in the day. 1 By 0809 GMT, the i FTSE 100
      666 words
    • 215 15 THE EXCHANGE of correspondence between the Stock Exchange of Singapore and Malaysian Feedmills Ltd on the latter's state of affairs continued with another query from the SES and a prompt answer from the company yesterday. In its reply to the SES on the status of
      215 words
    • 68 15 REPLYING TO SES queries on its debt restructuring and sale of LAM shares to Associated Management Services, Van der Horst said that trading in its shares would not resume until the restructuring agreement is signed. No announcement will be made at this juncture as it would
      68 words
    • 507 15  -  PETER THAM TRIAL By HOMER CHEN AFTER FOUR DAYS of stonewalling, Malaysian businessman Eng Chin Ah, a witness in the trial of former Pan-Electric director Peter Tham, admitted yesterday that he and his companies owed at least $8 million (for transactions in 1979)
      507 words
    • 651 15  -  Eight businessmen face suits By ELAINE KOH RECENTLY RESCUED Ka Wah Bank of Hongkong is making a concerted effort in Singapore to recover outstanding loans by suing eight businessmen in Singapore and a company for a total of HKJISO million. The bank, which
      651 words
    • 298 15 MBT PLANTATION-BASED Tongkah Holdings has been hit by another three board resignations. The three directors are Azmi bin Abdul Hamid, Mohammad Hatim bin Haji Bahari and Mohd Nor Raha bin HJ Masod. Their resignations came a month after Mr Faisal Siraj's and about seven
      MBT  -  298 words
  • Page 14 Advertisements
    • 138 14 This advertisement appears as a matter of record only. October 1986 m OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) U.S. $100,000,000 Subordinated Floating Rate Notes due 2011 Issue Price 100 per cent. Standard Chartered Merchant Bank Asia Limited BA Asia Limited Asean Finance Corporation Limited Bankers Trust
      138 words
    • 69 14 TAN CHONG TOWER OFFICE SUITES Units from 30 to 90m 2 Flexibility of air-con hours Very generous carparking provisions Rental below $2.50 p.s.f. including service charges Professional Building Management For details, please call *****22 en I Tan Chong Realty (Re) Ltd i 15 Queen Street Singapore 0718 For your immediate
      69 words

  • Page 15 Advertisements
    • 234 15 THE KOREA DEVELOPMENT BANK (the "Issuer") NOTICE to the holders of the outstanding U5530,000,000 FLOATING RATE NOTES DUE 1989 of the Issuer (the "Notes") of the EARLY REDEMPTION ON sth DECEMBER, 1986 of all of the Notes by the Issuer NOTICE IS HEREBY GIVEN to the holders of the Notes
      234 words
    • 165 15 ochardOhotel 443 Orchard Road Sinpporr 0923 Td: 7M7766 AMPLE PARKING SPACE cownnewTancMWutmu i 9 m ,v* I 7 m i iJ < A cosy corner, good food and music that set an informal mood. At Blooms, the style may be gracious dining but the mood's refreshingly informal. With our strolling
      165 words

  • 557 16  -  Asean meets EC in Jakarta By LOH HUI YIN ASEAN can look forward to exporting more goods duty-free to the European Community with improvements being made to the Community's Generalised System of Preferences scheme. Commonly referred to as the GSP scheme, it allows
    557 words
  • 332 16 ASEAN and the European Community will work closely together at the international trade negotiations launched in Uruguay last month. The agreement to cooperate at the trade negotiations, which are likely to last a gruelling four years, was stated in a joint declaration issued
    332 words
  • 270 16 UPI IN A REBUKE to New Zealand over its ban on American nuclear warships, US Ambassador Paul Cleveland said yesterday that the US would no longer help protect the trade interests of its once-favoured ally. Mr Cleveland, in a speech to a
    UPI  -  270 words
  • 446 16  -  By BRIAN GOMEZ, Regional Correspondent THE INDONESIAN ECONOMY will remain flat next year following a 2 to 3 per cent contraction in the current year, leading to social pressures arising from the rising level of industrial unemployment. In expressing this view in
    446 words
  • 231 16 Bernama THE PROPOSED higher ceiling for the amount the Malaysian government is allowed to borrow through Treasury bills will provide a larger source of local funding for development projects under the Fifth Malaysia Plan. Deputy Finance Minister Ng Cheng Kiat told
    Bernama  -  231 words
  • 269 16 Bernama THE TRADE MISSION led by Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad to China will take time to show results, the Malaysian Parliament was told yesterday. Deputy Trade and Industry Minister Datuk Kok Wee Kiat told DAP leader Lim
    Bernama  -  269 words
  • 143 16 Bernama THE MALAYSIAN government has agreed in principle to review the Malay Reserve Enactment to enable Malay reserve land to be mortgaged with all banks and financial institutions in the country. Land and Regional Development Minister Datuk Dr Sulaiman Daud said yesterday that, currently,
    Bernama  -  143 words
  • 184 16 Bernama THE MALAYSIAN government will cut the price of cement by Ms 3 to Ms 4 a bag to ensure the success of its programme to build 80,000 units of low-cost houses annually for three years from this year. Deputy Prime Minister Ghafar Baba
    Bernama  -  184 words
  • 84 16 Reuter COMEX gold futures yesterday rallied from opening lows on support prompted by the Iranian oil minister's view that the Opec conference would end yesterday with an agreement. Gold for delivery in December rose US$llO at U*****.00 an ounce after slipping US$O.7O net at U*****.20 on
    Reuter  -  84 words
  • 59 16 Reuter WITH INVESTORS cautious ahead of today's release of third quarter GNP figures, Wall Street stocks yesterday extended the decline that began on Monday, despite a mild rise in bond prices. The Dow Jones Industrials Average fell three points to 1806, adding to the 26 point decline
    Reuter  -  59 words
  • LATE FILE
    • 55 16 Reuter AN ENVOY of Saudi Arabia's King Fahd arrived in Kuwait yesterday in an apparent bid to defuse a crisis over Opec's failure to agree on a production share-cut in 16 days of gruelling talks in Geneva. Contacts would also be made with the
      Reuter  -  55 words
    • 43 16 UPI A VIETNAMESE official said yesterday that he is "99.9 per cent certain" that Vietnam will withdraw its troops from Cambodia by 1990 but warned Hanoi will not pull out sooner just to improve its international relations. UPI
      UPI  -  43 words
    • 59 16 UPI A GENERAL STRIKE of the French public sector yesterday paralysed mass transit, led to brief power outages, reduced television broadcasting, affected schools and forced thousands of Parisians to walk or drive to work. The communist-back ed General Confederation of Labour led trade unions in
      UPI  -  59 words
    • 59 16 UPI IN A CONCESSION to inflation, the national commission on minimum wage in Mexico has issued a decree raising the national minimum wage between 20 and 23 per cent. In the past, the commission of government officials, union leaders and businessmen had adjusted minimum wages Just
      UPI  -  59 words
    • 46 16 Reuter OFFICES of South African Airways (SAA) and Air Malawi were set on fire and the two countries' missions in Harare stoned yesterday by crowds of youths enraged by the death of Mozambican President Samora Machel in a South African air crash.
      Reuter  -  46 words
    • 68 16 Beraama A ROYAL Malaysian Air Force FSF Jet fighter crashed east of Kertlh, Trengganu, yesterday, killing a pilot. A spokesman of the defence ministry said the aircraft was on a training flight when it encountered difficulties and crashed into the sea. The two pilots on board
      Beraama  -  68 words
  • Page 16 Advertisements
    • 186 16 Link up to all the right connections in the power/ electrical and electronics industries at... April 8-11, 1987 Level 3, Putra World Trade Centre Kuala Lumpur, Malaysia Supported by: Ministry of Energy, Telecommunications and Post National Electricity Board United Nations ESCAP Asian and Middle East Electricity Journal Alternative Sources of
      186 words
    • 156 16 Our Executive Chef's fresh new menu will undoubtedly drive the city empty. After being the finest seafood restaurant this side of the Benjamin Sheares Bridge for so long, we have finally succumbed to change. Our Chef had long desired to demonstrate that his repertoire does not finish at the water's
      156 words
  • Page 16 Miscellaneous
    • 53 16 wmm Outlook: Showers over several oreos in the morning Rep ort for 24 hours prior to 7.30pm on Oct 21 at the oir-« port: Maximum temperature 32.4 Associated humidity 64 Minimum temperature 24.6 Associated humidity 95 Hours of sunshine 5.65 Rainfall in millimetres 0.2 Rainfall this month 197.9 Rainy days
      53 words

  • SHIPPING TIMES
    • 679 17  -  By SHAHRIR ARIFF THE INCREASED NUMBER of ships registered in Singapore in the first nine months of the year is benefiting ship managers, seafarers and the Marine Department's coffers. According to the Marine Department, 113 vessels were registered both local and foreign from January to September
      679 words
    • 140 17 Seatrade Week TOTAL THROUGHPUT of high-cube containers at Japan's eight major container terminals amounted to 4,115 boxes in July, 2.5 per cent of FEU throughput during the month, according to the Japan Container Association. Under pressure from US operators, the haulage of 9ft 6
      Seatrade Week  -  140 words
    • 166 17 AFP THE FIRST trial shipment of Indonesian liquefied natural gas (LNG) for South Korea left Sumatra yesterday with price negotiations between the two countries still unfinished. A spokesman for the Indonesian oil and gas company, Pertamina, said the shipment was made at a
      AFP  -  166 words
    • PORTSIDES
      • 94 17 Reuter INDIA'S Finance Ministry said it had suspended action to recover more than 4.27 billion rupees which domestic shipping companies owe the government. The ministry said in a statement on Monday that it had suspended legal proceedings against 21 defaulting government and private companies because it wanted
        Reuter  -  94 words
      • 55 17 Reuter ESAB AB said its earnings during 1966 will drop below last year's 204 million crowns. The firm, reporting a profit after net financial items in the first nine months of 101 million crowns, said worldwide over-capacity in the shipbuilding and offshore sectors had sharply reduced
        Reuter  -  55 words
      • 130 17 Fairplay SEAWAY EXPRESS, part of the financially troubled Marine Power group of Seattle, has terminated its barge operations between Seattle and Alaska. The company had been operating two barges and tugs between Seattle and Seward in competition with a number of other companies. It is expected
        Fairplay  -  130 words
    • 1380 18 NORTH ATLANTIC bulk carrier rates eased slightly on the London shipping freights market on Monday. In the US Gulf, Cargill fixed the Yaffa with a 52,000-ton mid-November grain consignment for Japan at US$ll.BB (fio) against $12.25 last paid for a similar business. They also found cover for a
      1,380 words
    • 1203 18  -  By LINDA CHEE THE RACE is on to win more ships. Registers of the world, both established and up-and-coming, are wooing tonnage like never before. Up for the big catch are European ships, crippled by high crew costs and huge operating losses. Owners are
      1,203 words
    • 926 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkid Liner X 1 Altrons VI 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 AHos Line X 3 ANL 1 1/2 APC Line V 4 APL IN 2/3 ASCL HI
      926 words
    • 180 18 Seatrade Week THE SHIPPING interests of the bankrupt Harmstorf shipbuilding group have been bought out by their management and are trading under the new banner of America Africa Europe Line GmbH (AAEL). The new company, capitalised at Dm 500,000, is owned by Dieter
      Seatrade Week  -  180 words
    • 175 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Une Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUBTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 192 19 AFP, UPI WORLDWIDE laid-up tanker tonnage decreased again for the 14th straight month, dipping to 18.86 million dwt at the end of September compared with 20.41 million dwt in August, Lloyds of London said. There were 187 vessels idle at the
      AFP,; UPI  -  192 words
    • 311 19 Bernama. THE PHILIPPINE government will allow overseas inspection of imports from Japan by Societe Generate de Surveillance (SGS), a move seen as indicative of the renewed drive to stamp out technical smuggling. Trade and Industry Minister Jose Concepcion Jr said overseas inspection of
      Bernama.  -  311 words
    • 192 19 Reuter LARGE DEEP-DRAFT SHIPS began steaming through the Panama Canal yesterday for the first time since a major landslide clogged the narrowest passage of the inter-oceanic waterway. For the first time since the slide began nine days ago, ships with a maximum 13-metre draft were
      Reuter  -  192 words
    • 793 19 AFP A FLURRY of grain chartering out of the Great Lakes loading area, recently affected by strike action at the Canadian Thunder Bay terminal, lent a steady undertone to rates on the freight market during the past week. An 18,000 tonner was reported fixed from the Great Lakes
      AFP  -  793 words
    • 277 19 OVER THE NEXT 12 months Japanese shipping entrepreneurs may (ace losses to the tune of US$l2 billion, said Mr Paul Slater, chairman and chief executive officer of the First International Capital Group. Though the outlook looks grim, Mr Slater advised those who do
      277 words
    • 6167 24 mmm Ever Growth, Evergreea. Oct 8. B SurU. ScanDutrh*. Oct B. Qhi He. China Ocean. Oct 8. Ever Greet. Evergreen. Nov J. SelaadU. ScaaDutcht. Nov 4 MlaC Encrfy, Yam Mln(. Nov 7. Toyama, ScaaDutcht, Nov 11. Qta He, China Oceaa. Oct 8.
      6,167 words
    • 563 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure MkMiouMn Seomoster 1 Zngonfcng P armor 01 AH Tiuil Arrow Kng Equator 4 In*) Ned Bahrain Nnga 10 Tram Fjord K22 K28 KI6 K36 K19 K32 KIO K23 K2I KI8 K35 K9 Thong Soon S'pore Shp Borneo Sm 0*00
      563 words
    • 795 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdnt FCL Arrival LCL movamant Ship Voy data/tima Oparator cargo •chadula Location Leda Maersk 8612 22.10 86 1900 Maersk F2 1000-1100/0900-1000 Al/Bl 0800-0900 F1 Ned Dejmci 366 23 10 86 0100 Ned-EAC F7 0930-1030/1500-1600 P2 0830-0930/1600-1700 S2 Ins Acc 246
      795 words
  • Page 17 Advertisements
    • 510 17 His i :i M 1 )i< U< »i iai Ifctfl: J'J' mL^ Bi «||l|« wok swas usaaa <*n. Ma. mom/ on) Ml If/ 200 Cantonment Road #1205 SoathpM* Smfaport 0208 irrrmvi 221*011 rem no rs ***** -H rt«3l TERMMAL/CFS 3200 218 TO 220 LVuyJ BOOKMGS 3200 234 TO 235 3k25S
      510 words
    • 66 17 8m Pag* N mm THE RACE is on to win more ships. Registers of the world, both established ond up-and-coming, ore wooing tonnage like never before. Page II THE PHILIPPINE government will allow overseas inspection of imports from Japan by Societe Generate de Surveillance. Pag« 111 Index to odvertisers II
      66 words
    • 908 17 a§Ul THE HEART OF THE raT«T^ MAERSK LINE OUR CFS I Perking Vhml Voy IS NOW LOCATED AT F2 call our CFS at n«w tel. no. *****85 *****86 S" pore EXPORT TO USA. EUROPE. •cy 22/10 nio mb CfS 72/11 0100 MB •CT 22/10 IIM HB •CfS 22/11 0100 MB
      908 words

  • Page 18 Advertisements
    • 210 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Atlantic/Canada Faadar at Kao StvivTT-rmwnmvim IrrrBrTTTTiFTT* mum mm wjnm pi^gggggg™ n—rrr. rTT I I i ll TT I MIDDLE EAST Full Container Service (A member of Oasis Consortium)] LlI nrr TRANS SIBERIAN SERVICE Weekly Container Service l"H aac PAN ASIA LINE INBOUND FOR STRAITS
      210 words
    • 361 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT. of LOG. VSL F ARRAY EXPKSS VOM NOOO N TELMKM EFFY N PACFIC CITY GMGOROUSSA Pauses-ffeg-TucsaMe MM-SikM fw-ri—toll SjTKU Owtarfc-Pasajts SztncaMt>g-Aiit TEL: 03-*****50 MALAYSIA SON. BNO. TLX* ***** MTM Frt Booking contact Miss Gan PT. KLANG 10/11 13/11 4/11 7/11 21/11 26/11 Further load/
      361 words

  • Page 19 Advertisements
    • 938 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd CONTNNERSHP SERVICE TO IK/CONIKNT STRAITS SHIPPING Singapore to Sateh, Sarawak, Brunei Ports and Bangkok S'par* PJQm| S*ton HWf B>ma t'tai it Hi MMMNBMY 27/11 29/11 IC/U 11/11 2t/U 21/11 23/11 emVOMM M/U 05/11 23/11 25/11 27/11 2S/U 31/11 FUMRMT EJPOESS 11/11
      938 words
    • 717 19 NOTICE GREAT KWS COMPETITIVE FREIGHT RATES TO i*> w. JEDDAH AQABA CALL FRATA TEL: *****04 FOR BOOKINGS MV CHAR CHING VO6W ETA 01 NOV 1986 Franco Belgian Services f ~r W r, /i. t, ,r ,*l, r,i I (MFMBER OF ACE CONSORHUM COWMB ntß TO WOU rran PJSL/ME U (tarn
      717 words

  • Page 20 Advertisements
    • 432 20 100 Years Liner Shipping Far East 1886-1986 TO CONTINENT/UK EXPORTS Span r* I S ton tTkwf B*fcavaa Nh/I'mp It Haara 23/11 It/11 12/11 14/11 15/11 17/11 2C/1C 21/10 15/11 17/11 19/11 21/11 22/11 4/11 t/U 2S/11 27/11 29/11 JO/11 2/12 Talua Eqxtu 4/11 t/U 2S/U 27/11 29/11 Jl/11 2/12 11/11
      432 words
    • 393 20 JC.S.LINE J3TTl**"** c*w FULLY CONTAI NERISED SERVICE cji pads m CHMA comtUM* 37* OMDTU CHET 51* KORAN MOJM X* FROM [IIROPE VIA SUEZ J A oMhMc^wnortKim ICTTUM CTTSTW 3d KOKM CHANCI 28 SOW SEAS na 57E met tor m f ill I» CONIfItNIRISfP 10 (ROM NORTH »M(RIf.A rtfSl COASI CONVENTIONAL
      393 words
    • 343 20 /a. Hai Sun Hup C o (Pte) I td TEL *****06 (20 Lines) TLX RS 2206' &RS ***** t I \S I I R\ \K I l\l K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loadnf at appropriated Berth P4-P5 NOTE: ALSO CALLM6 OTTO JAPANESE POUTS. HONGKONG.
      343 words
    • 871 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) no cun era sowm/tra inm era glort tra IMKMC no aoh era gum era ma *S0 KOPIME UNO 1) rwMoact KMK s UP MC lit ILC hfl M/ 14 21/11 34/11 1/11 vu vu 1/11 VU 1/U U/U 11/U 12/11 M/ll 11/U
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  • Page 21 Advertisements
    • 907 21 r ■B*jSs*faisseßseßßses« w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL MAJAPAHIT OOWA KOTA SING A FAR EAST CONTAINER SERVICE SIN JUT SBV SIN HKQ KAO *TCH KEE BUS *I«U" HTC YOK KOO KEE 26/10 as/10 30/10 2/11 5/11 S/11 S/11 S/11 10/11 13/11
      907 words
    • 838 21 BEN LINE CONTAINERS 1 EXPRESS CONTAVO SERVICE TO UK/CONTMENT CUT M iM. FfJ*t»rl Ci«ri C»M„.Ba, M« Mm OuAa tay* *C 9 VfSSLS EXPRESS CONTMNER SERVICE FROM IK/CONTKNT C*y M EMvfk S«M SaM HMt BIMKNADAM HAM STQM IPJUJW STOK ft* 22/1* 23/19 IICC. IM Frartlwt (iprm SaM SjM SjM SjM SjM
      838 words
    • 483 21 l\. DJASAGETRI A Joint Europe Service Of: P.T. BJAKARTA ILOTD P.T. 6ESUBI ILOYD P.T. SMWKM HMKM P.T. TMKOU LLBYB EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE Subfact to Inducamarrt, Alao accepting cargo to Cmbtow. Port Said, Port Alexandria, Oanoa, Trioata. ALSO ACCEMWG BOTH CONTAROS, CONVENTIONAL CARGO MA T/S TO W
      483 words
    • 449 21 BOUSTEAD SHIPPING AGENCIES m PAGAN VIM* m vtzw n-AN VIO2V BURMA FIVE STAR fßurmese National Line) Loadhc for Ranfoon Spar* PJtotanc P«unf to Nrt/23 Oct 21/23 Oct 11/19 Oct 21/27 Oct P. Goto* 21/30 Oct 4/4 Nm 21/21 Oct BANK LINE express gflßß sa NORTIBOUND TO UKC SPORE ROAM HULL
      449 words

  • Page 22 Advertisements
    • 1069 22 USA CANADA 0. MMSTDt V 27 VERRAZANO BRDGE VS3 R. GARNET V 6 0. FREEDOM Vll K LINE KAWASAKI KISEN KAISHA, LTD. Th« World S*rvic«) PACIFIC COAST FEEKX *51 A. SIM *52 H CRYSTAL V36E sr m 9 22 OCT 23 OCT 24 OCT 26 OCT 21 OCT MOTHER VSL
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    • 572 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contain*™ Feeder f Ketone Iw Vessel Sport MHb Frea SjOi Also Accepts CHANCOAS V 22 4 No. 20 No. 29 Nov 27 No. AM/Bns ESTiarrtß V 8 4 No. KABIRDAS V3l 19 No. 6 tec 14 Ok 12 Dec AM/Bris CALABAR V3O 22 No.
      572 words
    • 698 22 tT7S-7 GOLDEN LINE MK CV GUAN GUAM SHPPMG (PIE) LID 21. TaM *f» Skn< aural UM ia S3um (io UKS) STRAITS/PERSIAN 6UIF SERVICE: s SOLDO! NMNBT Cokmto/Hafacfc/liwcal/Oakai h Part GOUXN MA** Cotomec/Karachi Bamw 4/C Ra« GQUOKM StiaNftwmwipao 1/11 Ra« 1 All .U Lii lmgqumh n/io nn% vn% 6/11 vu 11/11
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    • 368 22 INTRASEA (PTE) LTD. 10 Anson Roar) »2 7 16 Internationa 1 P'aza Singapore 0207 Te' *****1 1 <1 0 L.nesi o BREAKBULK SERVICE TO EUROPE/UK j 4... M m 1 PHIIITRON SHIPPING AGENCIES PTE lIP I PHI I/ORIE NI I IMS PIE lID HMD OMICE "3 ROBINS >H BOAD AfRO
      368 words

  • Page 23 Advertisements
    • 737 23 \\neptune orient lines ltd FAR EAST/EUROPE FULLY TO EUROPE/UK (VIA SUEZ): n.™ CI PMHS 7H+ Saited 24/10 11/11 C CONTMNO 379 L (27/10) 29/10 17/11 OCMEFSI9I < 3/11) 5/11 24/11 KIACEM39M. (10/11) 12/11 1/12 N ami* 37*. (17/11) 19/11 8/12 ICHMCtm (24/11) 26/11 15/12 S>» NEPTUNE MEMOES PTE. LTD. FE
      737 words
    • 362 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON SPilßf »UNIS NfPltlf# AMICUS Pit I ID Id ?'B9<r/ 7/BS4J4 Bo<*.n P \> 7b 10 (OpfjlmoM ?»09. 84 -Iffrrwjlt ??o/4V» ?;o?so« .cf s» Ml tGfNIS IIINAS Sill* SOW BMI> HI Irl ?*****6 *****97 Pt> tri }t>B->Sb4
      362 words
    • 486 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULOWG 55. Market Street Sinfapore 0104 Tel: *****33 (15 Lfces) Termai Office: *****41/2 Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS 2510S P KELANG PENANS M/S SHARKAT Mi SOON SON. M. IST AND 2ND FLOW. MESSRS HM THONG SHPPMG
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    • 63 23 VI I Ha*M*&«*art PJQa* Nm* DAMIMHUGM I.IA SaM SM GBO MAM ID 1V.21A SM 121 GALAXY V-1A 25/11 */l« twnl Sarvcy tar Iff Da* ItaMpi be hata m 2tIOJS at G* *20 km 0900—1200 tai Than bt m Mtaar tmwj altar Hi Ml. SHBUSANA MEBHM I N.T.Y. TPTN CO. PTE.
      63 words

  • Page 24 Advertisements
    • 499 24 US REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) SMGATORE Tut/Wtd |SaM L_L: Um 12S-2S/10 Sat/Sw I 25-20/10 T«/1M 120-29/10 29-29/10 Sat H2QIE22ZE ■E2JI EES E22H CED E2I2E M\Hi "irmrr Behheszzsi imt?i lh/j npjif keri.-i i r7nr"igF7TMiT^"iT?JTi nra-T r*j n w rrfin BEU Bi/iw iolzi ngwm |EgEjB»swBC >WM TO
      499 words
  • Page 24 Miscellaneous
    • 130 24 titr Regional WMtker if LL Ifc R Thund*rVorm C *acfto« ,p~d kno* ROri W(w K—*« Cloudy Sky i*rf*«* ««d» *r* itotri by arroax ndwrti fly ««rti rt» mm 4 0 On* Mi ord* r*pr**«nr» cafem or lgh« and vanabt* «nrKh On* halt K*ch« riprtwntt 5 knofi l_ On* hj» ft*ch*
      130 words

  • Page 25 Advertisements
    • 218 25 Fast Direct Regular Services to INDONESIAN PORTS J AK ART A/CIREBON/ SEMARANG/PANJANG/ PONTIANAK/PALEMBANG 10. m l» UMMK F« MU IV 24/11/ M 27/11/K MKMTA/FMMB MS* MT* 2C/11/K 21/11/K SQMMNB/fMUDNE/fCNTVMM Daily Recemng Cargo At Jurong Port REMARK WANTED TO BUY CARGO VSL BTW YEAR BUILT 1979 OR 1980 Of DWT 2000-2500
      218 words
    • 24 25 DAIICHI CHUO KISEN KAISHA. TOKYO HAI SUN HUP CO PTE LTD (Singapore* H S H (Ml Sdn Bhd (Port Kelangi CHART POINT every SATURDAY
      24 words
    • 473 25 CORMORANT BULK CARRIERS .MCOUVER B.C. CANADA ■OONESM/ USA MO CANADA NEST COAST COMOmOMM. SCTfIO ICMOHC FOi VMCOUKI U, OIVNFM NO ML Kll SANM MCTOT 11-12/12 IVM/12 21-23/12 ODO 10MME POTS SUBKCT NMCOCm NXNCSIA/ UNA CONKNTKMAI SERVICE LOAOHE FOi HMXJU MUM KMIT sum canon rem* ft* kl* r*WCTMT+ IHI/II 21-21/11 22-21/11
      473 words
    • 668 25 CN C LINES WEEKLY FCL LCL CONTAINER SERVICE STOK KUO LUNG KlO 2/11 11 LAN VM3 t/U KUO HSOJNG VCII 10/11 TAO YUAN VOO4 21/11 BKK HKG KM) KEE ROB MOJ BUS 4/11 9/11 11/11 12/11 10/11 17/11 11/11 11/11 10/11 lt/11 19/11 23/11 24/11 25/11 19/11 25/11 27/11 21/11
      668 words

  • Page 26 Advertisements
    • 348 26 f FINE-LINER SHIPPING PTE LTD TEL: *****52, *****82, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL 8 CONVENTIONAL MDOLE EAST SERVICE I. 21/10 DUB*. BAMAM, MUSCAT, DOHA, MMMN. 20/10, 21/10 4/11. 9/11 24/10, 31/10 1/11. 15/11 21/10, 5/11 HONGKONG/CMNA SERVICE HUNS. KUNG, TIMUM, 9EKOU. SHANGHAI. awiKnui NHAMPOA BANGKOK MADRAS AUSTRALIA 29/10,
      348 words
    • 404 26 HEAP SENG TRADING I SHIPPING PTE LTD •001 BEACH ROAD #10-01 QOLDEN MILE TOWER TEL NO. *****22 (0 LINES) TLX NO. RS ***** MEAPCO i !■>' ;ir a a ivmiKi II HUNG 22/23 OCT 27/21 OCT 21/N OCT 2/ 3 W* V C MN 9/1# MM 22 OCT 2V2C OCT
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    • 555 26 C.Y. LINE (A Mtmbtr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY COKTMOB® SERVICE TO EUROPE (VM SUEZ) cmm comwn nm omentai oof nm KOKAN MCIJM VIM »n«t atnTM «7w S'p« 21/11 S/ll 12/11 19/11 Lrttant Mm Fitm tfWj Ira* 17/11 11/11 lt/U 22/11 23/11 24/11 25/11 2S/11
      555 words
    • 690 26 a rnypim dcmiihi nr uunacrt /n d u COMPAHA PERUANA DC VAPOREES (Cf.V.) 9 "PERUVIAN STATE UNE" lot** to Cjlao tftfaim lo and rf ot»w» Pconaii (arts mth Unshpmi* jt Kate 'jK 0* CPV Throafk Ms of I** Is hn» tcstaabofi 4 Pw«r* P. Mmi R mmutekrett a/» Oct r
      690 words
    • 208 26 ZIM GOLD STAR LINE GOLD LEAP CMttataig/CdNHbe/llMbasa/ D£.S./Dvfcan 3/11 FLO AFRICA MhMiu 21/11 GOLD MLLA Ato^M/Apapa/UfK/MMM P. to/Dwah/Tw/Mwmii/Lwie 11/11 OSAKA MAM) D«bM/Pflubrfli/C*«toMt. U/U Alm kcmUm hrOlSai Miiiiiii/KM»*/JW« STAR SMPPNK AGENCIES (S) PTE LTD > Mori* How* Td: *****66 Mktf *****91/2 ***** AMATER FAX: *****70 STARSMffiT LL^LU. u rr REGULAR LINER
      208 words